Minnesota pipeline setback more bad news for oilfield workers says group CEO

CALGARY — The president of the Petroleum Services Association of Canada says a court ruling in Minnesota that could further delay Enbridge Inc.’s Line 3 oil pipeline replacement project spells more bad news for Canadian oilfield workers.Gary Mar says investor confidence in Western Canada’s oil industry is at low ebb and that has resulted in lower producer spending on exploration and production and fewer jobs for his members.On Monday, the Minnesota Court of Appeals said state regulators must conduct a further review of the Line 3 project because its environmental impact statement doesn’t address the possibility of an oil spill into the Lake Superior watershed.Enbridge said in March the project, which is to add 370,000 barrels per day of export capacity of Canadian crude, would be delayed until the second half of 2020, a year later than expected, due to permitting issues.Oil companies in Canada have cancelled or delayed spending on oilsands and conventional oil projects and the province of Alberta has imposed production quotas because of price discounts blamed on crude output exceeding pipeline capacity.Mar says the problems with getting production to Canada’s main customer illustrates the importance of being able to export to other markets around the world through access to tidewater with projects such as the Trans Mountain pipeline expansion to the West Coast.“Whenever there is a delay or some impediment to takeaway capacity, that has a direct affect on the interest of producers in committing capital to projects,” Mar said.“Without producers committing themselves to capital projects, there’s no work for our members.” Companies in this article: (TSX:ENB)The Canadian Press read more

MOU signed between UNP and UNF partners

A Memorandum of Understanding (MOU) was signed at Temple Trees this morning between the United National Party (UNP) and its partners in the United National Front (UNF) for Good Governance.UNP leader and Prime Minister Ranil Wickremesinghe, UNP Chairman Malik Samarawickreme and UNP General Secretary Kabir Hasheem signed the MOU on behalf of the UNP. Jathika Hela Urumaya General Secretary Patali Champika Ranawaka and JHU Chairman the venerable Athureliya Rathana thero signed the MOU on behalf of the JHU. The United Natioal Party had yesterday formally proposed and later agreed to register the United National Front after the August 17 Parliament election.The UNP, at a special convention, agreed on the proposal to also contest the Parliament election next month as the United National Front for Good Governance under the elephant symbol by including members from other political parties who have extended support to the UNP.The proposal was made by UNP General Secretary Kabir Hashim and a vote was later taken by UNP leader Ranil Wickremesinghe. Wickremesinghe announced that the proposal had been adopted following a majority vote at the UNP special convention. Wickremesinghe said that the MOU will ensure the revolution achieved on January 8 during the Presidential election is protected.He said that the attempt by former President Mahinda Rajapaksa to return to power is a threat to the January 8 revolution. Members of the Sri Lanka Freedom Part breakaway faction led by Rajitha Senaratne, the Sri Lanka Muslim Congress and civil society members also signed the MOU with the UNP. The United National Front will look to campaign for good governance at the August 17 Parliament election with Ranil Wickremesinghe as the Prime Ministerial candidate. (Colombo Gazette) read more